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Internet Initiative Japan (TSE:3774) Cyclically Adjusted Revenue per Share : 円1,128.85 (As of Dec. 2023)


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What is Internet Initiative Japan Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Internet Initiative Japan's adjusted revenue per share for the three months ended in Dec. 2023 was 円410.138. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is 円1,128.85 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Internet Initiative Japan's average Cyclically Adjusted Revenue Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 9.10% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 9.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Internet Initiative Japan was 10.10% per year. The lowest was 3.60% per year. And the median was 9.00% per year.

As of today (2024-05-01), Internet Initiative Japan's current stock price is 円2684.00. Internet Initiative Japan's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was 円1,128.85. Internet Initiative Japan's Cyclically Adjusted PS Ratio of today is 2.38.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Internet Initiative Japan was 2.84. The lowest was 0.68. And the median was 1.16.


Internet Initiative Japan Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Internet Initiative Japan's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Internet Initiative Japan Cyclically Adjusted Revenue per Share Chart

Internet Initiative Japan Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 734.98 808.24 869.04 945.53 1,044.43

Internet Initiative Japan Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,024.56 1,044.43 1,068.46 1,098.84 1,128.85

Competitive Comparison of Internet Initiative Japan's Cyclically Adjusted Revenue per Share

For the Telecom Services subindustry, Internet Initiative Japan's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Internet Initiative Japan's Cyclically Adjusted PS Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Internet Initiative Japan's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Internet Initiative Japan's Cyclically Adjusted PS Ratio falls into.



Internet Initiative Japan Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Internet Initiative Japan's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=410.138/106.8000*106.8000
=410.138

Current CPI (Dec. 2023) = 106.8000.

Internet Initiative Japan Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 171.453 95.700 191.339
201406 149.725 98.000 163.170
201409 160.937 98.500 174.498
201412 166.641 97.900 181.790
201503 191.225 97.900 208.609
201506 170.886 98.400 185.474
201509 183.910 98.500 199.407
201512 184.850 98.100 201.243
201603 224.012 97.900 244.377
201606 196.370 98.100 213.785
201609 205.904 98.000 224.393
201612 215.692 98.400 234.105
201703 244.384 98.100 266.057
201706 226.559 98.500 245.650
201709 232.371 98.800 251.186
201712 246.701 99.400 265.067
201803 268.760 99.200 289.350
201806 247.814 99.200 266.800
201809 256.287 99.900 273.989
201812 268.572 99.700 287.698
201903 291.655 99.700 312.425
201906 275.197 99.800 294.499
201909 272.694 100.100 290.946
201912 284.130 100.500 301.941
202003 296.885 100.300 316.125
202006 278.022 99.900 297.225
202009 282.873 99.900 302.411
202012 300.035 99.300 322.696
202103 313.959 99.900 335.644
202106 292.065 99.500 313.493
202109 351.421 100.100 374.943
202112 311.553 100.100 332.406
202203 334.685 101.100 353.554
202206 320.573 101.800 336.318
202209 351.185 103.100 363.788
202212 349.004 104.100 358.056
202303 370.977 104.400 379.505
202306 341.338 105.200 346.529
202309 375.704 106.200 377.827
202312 410.138 106.800 410.138

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Internet Initiative Japan  (TSE:3774) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Internet Initiative Japan's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=2684.00/1128.85
=2.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Internet Initiative Japan was 2.84. The lowest was 0.68. And the median was 1.16.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Internet Initiative Japan Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Internet Initiative Japan's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Internet Initiative Japan (TSE:3774) Business Description

Traded in Other Exchanges
Address
Iidabashi Grand Bloom, 2-10-2 Fujimi, Chiyoda-ku, Tokyo, JPN, 102-0071
Internet Initiative Japan Inc. is a provider of a variety of services including Internet access, outsourcing, and systems integration. Its Internet access services span dial-up, mobile, and broadband technologies. Its wide area network services allow secure data sharing over Internet virtual private networks, independently developed routers, and closed wide area networks. Its outsourcing services include cloud, content delivery, data center, and security services. The firm generates nearly all its revenue in Japan.

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